The Humboldt Foundation Trust
- Assets
- $1.1m
- Revenue
- $171.2k
- Investments
- $940.8k
- Employees
- 0
- Location
- Winnemucca, NV
- Founding
- 09/2001
- Data as of
- 12/2021
- EIN
- 88-0480062
Organization Overview
The Humboldt Foundation Trust is located in Winnemucca, NV. The organization was established in 2001. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Humboldt Foundation Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Humboldt Foundation Trust generated $171.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $92.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Humboldt Foundation Trust has awarded 15 individual grants totaling $578,605. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST WITH EDUCATION COSTS FOR STUDENTS IN HUMBOLDT COUNTY, NEVADA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION WAS ESTABLISHED 7/1/01 AND EXPANDED ON 12/31/02 TO PROVIDE SCHOLARSHIPS TO ELIGIBLE STUDENTS (88 STUDENTS AWARDED SCHOLARSHIPS IN 2015)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abram Swensen Trustee | 1 | $0 | |
Ron Cerri Trustee | 1 | $0 | |
Rolfe Schwartz Vice-Chairman | 1 | $0 | |
John H Milton III Chairman | 1 | $0 | |
Irene Bruntsman Treasurer | 5 | $0 | |
William Macdonald Counsel | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,600 |
| Interest on Savings | $5,396 |
| Dividends & Interest | $21,254 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $142,953 |
| Capital Gain Net Income | $142,953 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $171,203 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $591 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $218 |
| Total operating and administrative expenses | $23,198 |
| Contributions, gifts, grants paid | $69,114 |
| Total expenses and disbursements | $92,312 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,233 |
| Savings and temporary cash investments | $170,302 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,720 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,120,293 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Humboldt Foundation Trust has awarded $69,114 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SCHOLARSHIP RECIPIENTS LISTING PURPOSE: SCHOLARSHIPS FOR HIGHER EDUCATION | $35,029 |
HUMBOLDT COUNTY SCHOOL DISTRICT PURPOSE: TO PROVIDE FUNDING FOR LOCAL SCHOOL DISTRICT | $24,100 |
BOYS AND GIRLS CLUB OF WINNEMUCCA PURPOSE: TO PROVIDE FUNDING FOR EDUCATIONAL PROGRAMS | $9,985 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Global Sports Development Los Angeles, CA | $28,471,591 | $19,690,244 |
Ressler Gertz Foundation Encino, CA | $41,227,955 | $63,459,065 |
Basic Fund Oakland, CA | $23,987,500 | $9,637,782 |
The Roddenberry Foundation Sherman Oaks, CA | $90,372,865 | $11,204,960 |
Scholarship Foundation Of Santa Barbara Santa Barbara, CA | $64,291,323 | $9,987,149 |
Bettye Poetz Ferguson Foundation San Francisco, CA | $18,979,772 | $3,373,943 |
Arizona Private Education Scholarship Fund Inc Scottsdale, AZ | $4,340,429 | $7,500,005 |
Gilead Sciences Foundation Foster City, CA | $126,155,891 | $168,265,797 |
Davis Education Foundation Farmington, UT | $5,085,973 | $8,327,640 |
Draper Foundation San Mateo, CA | $195,149,192 | $78,341,825 |
School Choice Arizona Inc Chandler, AZ | $10,615,298 | $8,926,972 |
College Success Arizona Phoenix, AZ | $19,037,884 | $6,349,882 |